TSX:IIP.UN - Post by User
Post by
retiredcfon Jun 12, 2023 12:45pm
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Post# 35491734
Recommendation
Recommendation Why is CAR.UN performing better than Minto and Interrent? Please compare and contrast the three companies.
CAR.UN has been outperforming due to its size, relatively better balance sheet, and relatively better-than-expected results over the past year or so. MI.UN offers the highest dividend yield, and expects a decent revenue growth over the next 2 years. But earnings per share are expected to get hit this year as margins shrink. It trades at 19.2x forward earnings. IIP.UN is the cheapest of the three at 15x forward earnings. Decent growth is expected on top-line over the next 2 years. CAR.UN trades at 33.3x forward earnings and has slower growth over the next 2 years compared to the other two names. On an operating cash flow basis, MI.UN has shown the highest growth, with CAR.UN coming in next and IIP.UN with some negative growth over the past few quarters. That said, we prefer IIP.UN for a more growth-oriented approach, and CAR.UN otherwise. (5iResearch)